GM and welcome to The Crypto Nutshell! 😉 🥜 

The crypto newsletter that’s almost as satisfying as the goth barista spitting in your morning coffee 😍 ☕️

Today, we’ll discuss:

• Recapping the last 24 hours in the world of crypto 🌏

• Why this trade will make TRILLIONS of dollars 💰

• Taking a look at historical Q3 BTC performance 🔍

• And more…

MARKET WATCH ⚖️

BTC Dominance is currently at 50.11% and the current crypto market cap is $1.20T ▼0.64%

Biggest Winners of The Day 🤑

• XRP (XRP) ▲2.25%

• TRON (TRX) ▲0.41%

• Litecoin (LTC) ▲0.09%

Biggest Losers of The Day 😭

• Solana (SOL) ▼7.30%

• Bitcoin Cash (BCH) ▼3.60%

• Polygon (MATIC) ▼2.42%

Only the top 20 coins measured by market cap feature in this section

Before we begin, check out this super interesting chart summarising Asset Class Total Returns Since 2011:

• Bitcoin consistently has three positive years followed by a negative year 

• From 2011 - 2022, BTC had the highest yearly returns 9 times

• BTC cumulative returns stand at a staggering 10412288% 😱

• BTC annualised returns come in at 151.3%

• BTC 2023 YTD return currently at 89.0%

Michael Saylor take it away…

All price data as of 7:50am ET

EXPERT OF THE DAY - CATHIE WOOD 🌴

Cathie Wood believes THIS trade will make Trillions of dollars… 🤑 

So everyone’s favourite contrarian investor Cathie Wood spoke this week at the 2023 Informed conference. 

After her keynote, she did an interview in which she dropped some bombshells. Here’s a recap:



• Cathie believes the entire crypto market cap is going to scale from a tiny $1 Trillion dollars currently to a whopping $25 Trillion dollars over the next 5-10 years

• Reconfirmed that her and ARK Invest’s base case prediction for bitcoin is $600,000+ in the next 5 years with her bull case being $1.5 Million per coin

• The 3 main areas she thinks value will acrrue:

  • Bitcoin as a global monetary system

  • DeFi aka An internet financial system

  • Digital property rights. Think Web3, Metaverse & NFT’s

Now obviously these are some crazy predictions on paper.


However, don’t forget that Cathie has built a name for herself by going against the grain.

You don’t end up with BILLIONS of dollars under management by being wrong more than you’re right. 



Food for thought. 🍔

Nutty’s Takeaway: If Cathie’s outlook is right, and she’s been right a LOT in the past… that’s a BOAT LOAD of money that’s going to be created. 



Make sure you’re getting your slice… 🍰 😉

ON CHAIN DATA DIVE 📊

Ever heard of the Summer Trading Lull? 🤷‍♂️

In traditional financial markets, Summer is usually a period of decreased volume, with many investors supposedly away on vacation. 🏄‍♂️

The chart below tracks the amount of Bitcoin (volume) that has moved during each quarter.

Isn’t it obvious that Bitcoin also experiences this Summer Trading Lull?

Don’t be surprised if we don’t see any dramatic price movements in Q3, as historically it is the lowest-volume quarter by a decent margin.

Cumulative BTC trade volume in Q3 is a full 13 million (BTC) below the next lowest quarter.

Nutty’s Takeaway: So what can we make from this data? Well, with the summer months being categorised by low trading volume and generally flat price movements. This is the perfect time to accumulate as much BTC as you can before trading activity picks up in Q4 2023 and and Q1 of 2024. 👀

CRACKING CRYPTO 🥜

TRIVIA TIME ✍️

Approximately how often does the Bitcoin Halving event occur?

• A) ~5 years

• B) ~4 years

• C) ~3 years

• D) ~6 years

Find out the answer at the bottom of this newsletter 😀

MEME CORNER 😂

Because what would the crypto world be without its share of memes?

Trivia Answer: B) ~4 years 🎉

The Bitcoin halving event occurs approximately every 4 years. For more details checkout this article.

NUTCASE REVIEW OF THE DAY 🔍

DISCLAIMER: The content of this newsletter is not financial advice. This newsletter is strictly educational and is not investment advice. Please be careful and do your own research.